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Thursday 7 June 2012

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OPERATION RESEARCH
PART – A
Q1. State the different types of models used in operation research? Explain briefly the general method for solving these O.R models?

Q2. Customer arrives at sales counter by a poison process with a mean rate of 20 per hr. The time required to serve a customer has an exponential distribution with a mean of 100 seconds. Find the average waiting & queue length of customer.


Q3. Obtain the optimal strategy for both persons & the value of game:


B1
B2
A1
1
-3
A2
3
5
A3
-1
6
A4
4
1
A5
2
2
A6
-5
0

Q4. Prepare network, activity time estimates, determine the expected project completion time &
variance.

Activity
Time estimates (days)
to
Tm
tp
1-2
5
8
17
1-3
7
10
1
2-3
3
5
7
2-4
1
3
5
3-4
4
6
8
3-5
3
3
3
4-5
3
4
5

5. What is queuing theory? Discuss the service mechanism in queuing theory.
PART – B

Q1. Determine a sequence for the 5 jobs that will minimize the elapsed time.

Job
1
2
3


A
5
1
9


B
2
6
7



Q2. What is meant by optimality test in a transportation problem? How would you determine
whether a given transportation solution is optimal or not?

Q3. OR advocates a system approach and its procedure is concerned with optimization. Discuss.

Q4. Discuss the importance and applications of PERT and CPM in project planning and control.

Q5. Write short notes on n- Johnson’s algorithm for n jobs m machines

PART - C

Q1. Solve the following transportation problem by VAM:


1
2
3
Supply
1
5
1
7
10
2
6
4
6
80
3
3
2
5
15
Demand
70
20
50


Q2. Write short notes on :
a) Failures in replacement theory.
b) Decision tree analysis.

Q3. The maintenance cost & resale value per year of machine whose purchase price is Rs 7000 is given below:
Yr                                                        1          2          3          4
Maintenance cost                               900      1200    1600    2100
Resale value                                       4000    2000    1200    600

When should the machine be replaced?

Q4. Specify the characteristics of M/M/1 queue model.

Q5. Discuss the following terms in game theory: Saddle point; Pure strategy; Two person zero sum game; Principle of dominance.


CASE STUDY – I

A firm manufactures three products A,B,C the profits are RS 3, Rs 2, & Rs 4respectively. The firm has two machines M1& M2 and below given is the required processing time in minutes for each machine on each product

MACHINE
PRODUCT
A
B
C
M1
4
3
5
M2
2
2
4

Machines M1 & M2 have 2000 & 2500 machine minutes respectively. The firm must manufacture 100 A’s, 200 B’s & 50 C’s, but not more than 150 A’s. Set up an LPP to maximize profits.

CASE STUDY

A fruit vendor purchases fruits for Rs 3 a box and sells for Rs 8 a box. The high markup reflects the perish ability of the fruit and the great risk of stocking it., the product has no value after the first day it is offered for sale. The vendor faces the problem of how many boxes to order for tomorrow’s business. A 90 day observation of the past sales gives the following information.

Daily Sales
No. of days sold
Probability
10
11
12
13
Total
18
36
27
9
90
.20
.40
.30
.10
1.00


Determine the number of boxes he should order to maximize its profit. Also find the expected monetary value and regret table.

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